Ireland's economy is mostly based on services, with some industrial output and a relatively small amount of agriculture. The largest industries in the country are pharmaceuticals, chemicals, computer hardware and software, food products, beverages and brewing, and medical devices.Know More
As of 2014, Ireland has a relatively low corporate tax rate of 12.5 percent, making it an attractive market for foreign corporations. About 120 foreign pharmaceutical companies have plants there, including nine of the 10 largest in the world. The country is the largest net exporter of pharmaceuticals in the world.
Technology companies also have a strong presence in the country, with many locating their regional headquarters there. Some prominent examples are Amazon.com, Apple, Cisco, Dropbox, eBay, Facebook, Google, Hewlett-Packard, LinkedIn, Oracle, PayPal and Twitter.
Major consumer goods brands based in the country include Barry's Tea, Butlers Chocolates, Guinness, Kerry Group and Oatfield.
Ireland's agricultural output primarily consists of potatoes, barley, wheat, beef and dairy products and accounts for about 5 percent of the country's GDP.
Commercial aviation is a significant component of the country's industry. Ryanair is a low-cost airline that is headquartered in Ireland and has operating bases throughout Europe and in Morocco. Tourism is also significant, with about 6 million people estimated to visit the country annually as of 2014.Learn more about Industries
The major industries in Europe include automotive, aerospace and defense. Other important industries include chemicals, biotechnology and food industry. The United Kingdom is the major industrial region of Europe. Other important industrial regions are South Wales, Scotland, Germany, France and Italy.Full Answer >
The key industries in Pennsylvania as of 2013 are agribusiness, energy, technology, advanced manufacturing and materials, tourism, life sciences and the film industry, according to the Pennsylvania Department of Community & Economic Development. Among the largest is the agribusiness industry, which ships $32 billion in food products annually.Full Answer >
The manufacturing industry is vital to the economy of Missouri, which is home to more than 7,000 manufacturing firms. The food industry sector ranks as the top employer, followed by advanced manufacturing sectors. Other major industries in the state are the agriculture, mining and service industries.Full Answer >
Switzerland's major industries are machinery and precision instruments, watchmaking, chemicals, textiles, tourism, banking and insurance. According to a 2013 estimate presented in the CIA World Factbook, agricultural produce represents less than one percent of the country's gross domestic product.Full Answer >